Sugarmade Inc (SGMD)

[bailosellhai]

Correct me if I'm wrong here:

K&J is buying shares from SGMD at below market value.

They then sell those shared on the open market.

K&J and SGMD want the SP to be at .01 or lower so they can accumulate more shares.

Then they want it to spike up to sell those shares. If it goes to .02 they'll easily double their money.

Then, when it goes back down, they can do the samething and buy 2x the shares.

Keep doing that and SGMD gets their money and K&J profits.

It's a simple transfer of wealth from all the investors who buy in the spikes.